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Blackstone opens second India office in BengaluruBlackstone has established its second office in India, specifically a global capability centre in Bengaluru. This centre aims to improve th...- AI debutant’s flameout stokes fears boom is endingElice, a data center and AI developer, faced a significant decline in its stock price during its debut. This situation exemplifies a broade...
- Global Market: South Korea's Elice shares plunge 28% in market debut as data centre stocks shunnedElice, which raised 201.1 billion won ($150 million) in its IPO, provides AI cloud services as well as AI-based education and business soft...
- OpenAI seeks to accelerate fundraising ahead of Anthropic IPO, sources sayOpenAI is working swiftly to secure funds before Anthropic's anticipated public market debut in mid-November. The fundraising effort could ...
- Federal Bank appoints Cognizant’s Rajesh Varrier as independent directorFederal Bank has appointed Rajesh Varrier as a non-executive independent director on its board. This decision follows the announcement of t...
- Market selloff, rising rates test AI data centre deal boomA market selloff is forcing companies driving the global AI boom to delay fundraising plans or pay more for capital as investors demand pro...
- Bhumika group to invest another Rs 450 crore for land acquisition in FaridabadBhumika Realty plans to invest Rs 450 crore in land acquisition in Faridabad by March 2027, taking its cumulative land investment in the ci...
- A $6 bn deal signals major appetite for the India prize as global giants look to deepen exposureThe sale of a controlling stake in IDBI Bank for around $6 billion is being viewed a pivotal moment in India's banking reform journey. The ...
- Novo Holdings, GIC, Axight look to back AIG Hospitals; Founders aim to pare 10-12% stake at Rs 24,000 cr valuationNovo Holdings and GIC are discussing investing Rs 2,000-2,500 crore in AIG Hospitals based in Hyderabad. The investment reflects a growing ...
- DP World bidding for all assets on offer: CEO Yuvraj Narayan amid West Asia conflictDP World is increasing its focus on the Indian port sector to explore new opportunities. The company plans to expand its capacity at Tuna T...
- AI startup Sarvam in talks for $300 million top-up; valuation may double to $3 billionThe startup builds Indian-language AI models and applications for government agencies and businesses, including banks and insurers. Its cus...
- Alphabet's Waymo secures $5 billion term loan to accelerate expansionPIMCO, Blackstone and Sixth Street participated as lead syndicated lenders, while Capital Group, Loomis Sayles and T. Rowe Price were signi...
- Blackstone’s Siddharth Nawal set to take over as CEO of Nexus Select TrustSiddharth Nawal will soon replace Dalip Sehgal as CEO of Nexus Select Trust in India. Nawal has worked with Blackstone in retail real estat...
- Piyush Goyal woos top US companies for investmentCommerce and Industry Minister Piyush Goyal has met various US firms in New York to discuss investment potential. Meetings included represe...
- Wall Street’s $10 billion India hospital bet sparks a fight over billsWall Street has poured about $10 billion into Indian hospital chains over the past five years, with investors including Blackstone, KKR, TP...
- DigiLocker seeks private partners, Slurrp Farm's fundraise plansDigiLocker is set to bring more institutions onto its platform with the help of private AI integrators. This and more in today’s ETtech Top...
- Nvidia's bet that its chips can finance the AI boom gets a Wall Street reality checkBy Saeed Azhar, Max A.- Nvidia's mammoth financing plan has opened a debate on Wall Street about how much its advanced chips and the infras...
- Oracle, Blue Owl project delay sends ripples through AI financingOracle's move to protect itself against potential delays at a massive data center project developed by Blue Owl in New Mexico sent a chill ...
- Trump-Xi dinner: Elon Musk, Jeff Bezos, Sam Altman, Huang, Nadella among star-studded guest listBillionaires and leaders from the technology sector gathered at the White House for a state dinner. This event hosted Chinese President Xi ...
- Brookfield looks to buy PGP Glass for up to $1.5 bn from BlackstoneBrookfield is negotiating to acquire PGP Glass from Blackstone for $1.3 billion. This deal marks a significant transaction between two majo...
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